MIRA INFORM REPORT

 

 

Report Date :

14.05.2013

 

IDENTIFICATION DETAILS

 

Name :

PRATI, DONADUZZI & CIA LTDA

 

 

Registered Office :

Rua Mitsugoro Tanaka, 145 Centro Industrial - Nilton Alberto Castro Arruda 85903-630 - Toledo/Pr

 

 

Country :

Brazil

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

03.11.1993

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of Chemical Pharmaceutical Products - Medicines.

 

 

No. of Employees :

3355

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March, 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Brazil

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

BRAZIL - ECONOMIC OVERVIEW

 

Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries, and Brazil is expanding its presence in world markets. Since 2003, Brazil has steadily improved its macroeconomic stability, building up foreign reserves, and reducing its debt profile by shifting its debt burden toward real denominated and domestically held instruments. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. After strong growth in 2007 and 2008, the onset of the global financial crisis hit Brazil in 2008. Brazil experienced two quarters of recession, as global demand for Brazil's commodity-based exports dwindled and external credit dried up. However, Brazil was one of the first emerging markets to begin a recovery. In 2010, consumer and investor confidence revived and GDP growth reached 7.5%, the highest growth rate in the past 25 years. Rising inflation led the authorities to take measures to cool the economy; these actions and the deteriorating international economic situation slowed growth to 2.7% in 2011, and 1.3% in 2012. Unemployment is at historic lows and Brazil's traditionally high level of income inequality has declined for each of the last 14 years. Brazil's historically high interest rates have made it an attractive destination for foreign investors. Large capital inflows over the past several years have contributed to the appreciation of the currency, hurting the competitiveness of Brazilian manufacturing and leading the government to intervene in foreign exchange markets and raise taxes on some foreign capital inflows. President Dilma ROUSSEFF has retained the previous administration's commitment to inflation targeting by the central bank, a floating exchange rate, and fiscal restraint. In an effort to boost growth, in 2012 the administration implemented a somewhat more expansionary monetary policy that has failed to stimulate much growth.

Source : CIA

Company name

 

PRATI, DONADUZZI & CIA LTDA

 

 

ADDRESSES

 

MAIN ADDRESS:

RUA MITSUGORO TANAKA, 145 CENTRO INDUSTRIAL - NILTON ALBERTO CASTRO ARRUDA

ZIP CODE/CITY:

85903-630 - TOLEDO/PR

 

 

PHONE:

45 2103-1127

FAX:

45 2103-1156

E-MAIL:

genivaldo.esteves@pratidonaduzzi.com.br

WEB SITE:

www.pratidonaduzzi.com.br

 

BRANCHES:

 

 

 

ADDRESS:

AVENIDA EGYDIO GERONYMO MUNARETTO, S/Nº. KM 3 SALA 03 BAIRRO CESAR PARK

ZIP CODE/CITY:

85915-175 TOLEDO/PR

CNPJ:

73.856.593/0003-28

 

 

ADDRESS:

RUA PASCHOAL SANTILLI, 166 - VILA RODRIGUES

ZIP CODE/CITY:

19807-220 ASSIS/SP

CNPJ:

73.856.593/0004-09

 

 

ADDRESS:

RODOVIA WASHINGTON LUIZ, 4370 GALPÃO G VILA SÃO SEBASTIÃO

ZIP CODE/CITY:

25055-009 DUQUE DE CAXIAS/RJ

CNPJ:

73.856.593/0006-70

 

 

ADDRESS:

RUA DOS TUPINAMBÁS, 1205 GALPÃO 02 - MANGABEIRA

ZIP CODE/CITY:

44056-080 FEIRA DE SANTANA/BA

CNPJ:

73.856.593/0005-90

 

 

ADDRESS:

RUA PEDRO TEIXEIRA, 1437 - CENTRO

ZIP CODE/CITY:

78961-030 JI-PARANÁ/RO

CNPJ:

73.856.593/0007-51

 

 

ADDRESS:

RUA DOS MIOSOTIS, 240 1º ANDAR, SALA 01, QUADRA 10, LOTE 32 - PARQUE OESTE INDUSTRIAL

ZIP CODE/CITY:

74375-650 GOIÂNIA/GO

CNPJ:

73.856.593/0008-32

 

 

ADDRESS:

AVENIDA AUTAZ MIRIM,3030 SETOR G - ARMANDO MENDES

ZIP CODE/CITY:

69085-000 MANAUS/AM

CNPJ:

73.856.593/0009-13

 

 

ADDRESS:

RUA SAGITÁRIO, 410 BOX 01, DISTRITO INDUSTRIAL JARDIM RIACHO DAS PEDRAS

ZIP CODE/CITY:

32242-210 CONTAGEM/MG

CNPJ:

73.856.593/0010-57

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE OF CHEMICAL PHARMACEUTICAL PRODUCTS - MEDICINES.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

03/11/1993

REGISTER DATE:

03/11/1993

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER(CNPJ):

73.856.593/0001-66

STATE REGISTER:

418.06327-06

 

 

SHARE CAPITAL:

R$ 15.000.000,00

LAST REGISTER OF CAPITAL:

30/07/2010

 

BOARD OF DIRECTORS:

 

 

 

CELSO AGUSTINHO PRATI

MANAGING PARTNER

LUIZ DONADUZZI

MANAGING PARTNER

 

 

AUTHORIZED USE OF SIGNATURE

 

THE MANAGING PARTNERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

LUIZ DONADUZZI

R$ 8.400.000,00

CELSO AGUSTINHO PRATI

R$ 4.200.000,00

ARNO DONADUZZI

R$ 2.400.000,00

 

AFFILIATES / SUBSIDIARIES:

 

 

 

A SCAN THROUGH OUTSIDE SOURCES SHOWED THE SUBJECT AND/OR PARTNERS HAS/HAVE THE FOLLOWING UNCONFIRMED HOLDINGS:

 

 

CENTRAL PACK EMBALAGENS LTDA

 

TRANSPORTADORA PRATI DONADUZZI LTDA

 

TOTALPACK IND DE EMBALAGENS LTDA

 

FARMÁCIAS PRADI DONADUZZI LTDA

 

NDS DISTRIBUIDORA DE MEDICAMENTOS LTDA

 

LINDOIA DISTRIBUIDORA DE MEDICAMENTOS LTDA

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT WAS ESTABLISHED ON NOVEMBER 03, 1993 AS FARMACO INDUSTRIA FARMACEUTICA LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON NOVEMBER 11, 2002 IT ADOPTED THE ABOVE MENTIONED NAME.

 

TRADE NAME: "PRATI-DONADUZZI".

 

PARTNERS:

 

LUIZ DONADUZZI: BRAZILIAN, MARRIED, ENTREPENEUR, HOLDER OF DOCUMENTS, RG 1.254.414 SSP/PR, CPF 297.861.939,20, RESIDENTIAL ADDRESS AT RUA CRISSIUMAL 2439, JARDIM LA SALLE, ZIP CODE 85903-290, TOLEDO/PR.

 

CELSO AGUSTINHO PRATI: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS, RG 1.447.122 SSP/PR, CPF 336.841.549-20, RESIDENTIAL ADDRESS AT RUA CRISSIUMAL, 2469, JARDIM LA SALLE, ZIP CODE 85903-290, TOLEDO/PR.

 

ARNO DONADUZZI: BRAZILIAN, MARRIED, ENTREPRENEUR, HOLDER OF DOCUMENTS, RG 3.321.466-9 SSP/PR, CPF 492.598.069-68, RESIDENTIAL ADDRESS AT RUA LEONARDO FRANCISCO NOGUEIRA 287, JARDIM COOPAGRO, ZIP CODE 85903-400, TOLEDO/PR.

 

FURTHER DETAILS ARE SO FAR NOT KNOWN.

 

PUBLIC INFORMATION:

 

PROTESTS:

 

1  PROTEST, AMOUNT R$ 3.016,00

 

DETAILS OF PROTEST:

 

NOTARY OFFICE:

DATE:

VALUE:

1º CARTÓRIO DE PR-TOLEDO

00/05/2013

R$ 3.016,00

 

 

FINANCIAL INFORMATION

 

GENERAL BALANCE SHEETS AS OF 31/12/2012, 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

ASSETS

 

 

 

CURRENT:

31/12/2012

31/12/2011

31/12/2010

 

 

 

 

CASH AND BANKS

2.964.519,83

5.018.014,00

6.169.941,00

CLIENTS

94.067.499,42

72.285.844,00

54.780.069,00

INVENTORY

60.970.815,40

37.571.415,00

31.373.026,00

PRE PAID EXPENSES

318.304,48

277.348,00

376.978,00

RECOVERABLE TAXES

3.997.731,26

2.863.146,00

3.625.671,00

ADVANCES

2.842.227,22

6.477.426,00

2.029.867,00

OTHER

984.120,16

 

 

 

----------------

----------------

----------------

TOTAL CURRENT ASSETS

166.145.217,77

124.493.193,00

98.355.552,00

 

LONG-TERM RECEIVABLES:

 

 

 

 

 

 

 

INVESTMENTS

 

3.332.869,00

3.897.693,00

JUDICIAL DEPOSITS

 

224.761,00

168.499,00

RECOVERABLE TAXES

 

849.227,00

1.992.167,00

INTERCOMPANY CREDITS

 

1.693.219,00

3.691.431,00

CLIENTS

 

 

66.026,00

OTHER CREDITS

4.924.571,74

2.899,00

 

DEFERRED TAXES

 

1.747.067,00

 

 

----------------

----------------

----------------

TOTAL LONG-TERM RECEIVABLES

4.924.571,74

7.850.042,00

9.815.816,00

 

FIXED ASSETS:

 

 

 

 

 

 

 

FIXED ASSETS

113.155.324,54

99.254.824,00

92.735.574,00

INTANGIBLE

2.674.198,73

2.207.624,00

1.687.381,00

 

----------------

----------------

----------------

TOTAL FIXED ASSETS

115.829.523,27

101.462.448,00

94.422.955,00

 

================

================

================

TOTAL ASSETS

286.899.312,78

233.805.683,00

202.594.323,00

 

LIABILITIES:

 

 

 

CURRENT:

31/12/2012

31/12/2011

31/12/2010

 

 

 

 

LOANS AND FINANCING

43.907.208,71

45.215.992,00

32.444.987,00

SUPPLIERS

40.708.148,50

25.866.106,00

20.925.189,00

LABOR OBLIGATIONS

15.741.958,18

12.009.479,00

9.407.858,00

TRIBUTARY OBLIGATIONS

10.159.217,02

4.449.611,00

1.830.218,00

INSTALLMENTS TAXES PAYABLE

 

7.796.442,00

7.980.697,00

ADVANCES

 

374.808,00

380.427,00

COMMISSIONS DUE

 

2.741.067,00

2.569.485,00

OTHER DEBTS

6.455.345,46

 

 

SOCIAL OBLIGATIONS

1.248.696,18

 

 

SALES FOR FUTURE DELIVERY

407.596,00

 

 

 

----------------

----------------

----------------

TOTAL CURRENT LIABILITIES

118.628.170,05

98.453.505,00

75.538.861,00

 

LONG TERM LIABILITIES:

 

 

 

 

 

 

 

LOANS AND FINANCING

33.630.949,67

20.355.502,00

26.234.470,00

INSTALLMENTS TAXES PAYABLE

 

35.548.455,00

36.150.046,00

DEFERRED TAXES

 

2.694.051,00

633.376,00

RELATED COMPANIES

 

2.866.653,00

4.506.784,00

TRIBUTARY OBLIGATIONS

44.105.602,03

661.547,00

 

PROVISION FOR CONTINGENCIES

 

211.200,00

 

OTHER

1.033.200,00

 

 

 

----------------

----------------

----------------

TOTAL LONG TERM LIABILITIES

78.769.751,70

62.337.408,00

67.524.676,00

 

NET EQUITY:

 

 

 

 

 

 

 

SHARE CAPITAL

15.000.000,00

15.000.000,00

15.000.000,00

PROFIT RESERVES

 

58.014.770,00

37.697.188,00

OTHER COMPREHENSIVE INCOME

 

 

6.833.598,00

ACCRUED PROFIT (LOSS)

74.501.391,03

 

 

 

----------------

----------------

----------------

TOTAL NET EQUITY

89.501.391,03

73.014.770,00

59.530.786,00

 

================

================

================

TOTAL LIABILITIES

286.899.312,78

233.805.683,00

202.594.323,00

 

PROFIT AND LOSS ACCOUNTS AS OF 31/12/2012, 31/12/2011 AND 31/12/2010.

( FIGURES ARE IN REAIS ).

 

 

31/12/2012

31/12/2011

31/12/2010

 

 

 

 

GROSS SALES

440.251.506,25

365.073.132,00

281.105.898,00

(-) TAXES ON SALES

62.404.927,34

53.590.625,00

41.295.673,00

 

----------------

----------------

----------------

NET SALES

377.846.578,91

311.482.507,00

239.810.225,00

(-) COST OF SOLD GOODS

225.540.065,67

180.486.202,00

151.490.846,00

 

----------------

----------------

----------------

GROSS PROFIT

152.306.513,24

130.996.305,00

88.319.379,00

OPERATING REVENUE (EXPENSE)

-105.853.491,93

-93.175.636,00

-62.713.258,00

FINANCIAL REVENUE(EXPENSE)

-13.417.080,94

-17.423.611,00

-8.920.761,00

 

----------------

----------------

----------------

OPERATIONAL PROFIT (LOSS)

33.035.940,37

20.397.058,00

16.685.360,00

NON-OPERATING RESULT

 

1.751,00

 

CONTRIBUTION/INCOME TAX

-16.012.418,84

-4.442.327,00

-2.448.220,00

INTERESTS ON OWN CAPITAL

 

3.104.575,00

 

 

----------------

----------------

----------------

NET PROFIT (LOSS)

17.023.521,53

19.061.057,00

14.237.140,00

 

RATIOS:

31/12/2012

31/12/2011

31/12/2010

 

QUICK RATIO

,89

 

,88

 

,89

 

CURRENT RATIO

1,40

 

1,26

 

1,30

 

ACCOUNTS RECEIVABLE TURNOVER

4,02

TIMES

4,31

TIMES

4,38

TIMES

DAYS' SALES IN RECEIVABLES

89,62

DAYS

83,55

DAYS

82,24

DAYS

INVENTORY TURNOVER

3,70

TIMES

4,80

TIMES

4,83

TIMES

ACCOUNTS PAYABLE PERIOD

64,98

DAYS

51,59

DAYS

49,73

DAYS

RETURN ON ASSETS

1,32

TIMES

1,33

TIMES

1,18

TIMES

SALES TURNOVER ON NET EQUITY

4,22

TIMES

4,27

TIMES

4,03

TIMES

NET WORTH TIE-UP

1,26

 

1,36

 

1,56

 

INDEBTEDNESS

2,21

 

2,20

 

2,40

 

EQUITY RATIO

31,20

%

31,23

%

29,38

%

WORKING CAPITAL RATIO

40,06

%

26,45

%

30,21

%

GENERAL SOLVENCY

1,45

 

1,45

 

1,42

 

RETURN ON NET EQUITY

19,02

%

26,11

%

23,92

%

RETURN ON SALES (PROFIT MARGIN)

4,51

%

6,12

%

5,94

%

GROSS PROFIT MARGIN

40,31

%

42,06

%

36,83

%

OPERATIONAL RESULT

8,74

%

6,55

%

6,96

%

SALES TURNOVER ON LIABILITIES

3,19

TIMES

3,16

TIMES

3,17

TIMES

FOREIGN CURRENCY ON ASSETS

 

 

 

 

 

 

FOREIGN CURRENCY ON LIABILITIES

 

 

 

 

 

 

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 2,02

 - OFFICIAL RATE ON 10/05/2013

US$ 1,00 = R$ 2,04

 - OFFICIAL RATE ON 31/12/2012

US$ 1,00 = R$ 1,87

 - OFFICIAL RATE ON 31/12/2011

US$ 1,00 = R$ 1,66

 - OFFICIAL RATE ON 31/12/2010

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS.

 

THE FIGURES AVAILABLE SHOW A FAIR FINANCIAL STANDING. THE LEVEL OF INDEBTEDNESS IS HIGH BUT IT IS NOTED GOOD CURRENT RATIO AND POSITIVE WORKING CAPITAL. FURTHER TO THAT IT SHOWS HIGH AND GROWING SALES AND PROFITABILITY.

 

IT IS WORTH TO COMMENT THAT THE SUBJECT HAS A HIGH SCALE OF ACTIVITIES AND A HIGH FINANCIAL POWER. SO FAR DESPITE THE NEGATIVE FINANCIAL RATIOS IT KEEPS OPERATING NORMALLY AND MEETING TRADE AND FINANCIAL COMMITMENTS PROPERLY SHOWING UP TO DATE NO SIGNS OF FINANCIAL PROBLEMS.

 

 

REAL ESTATE:

 

OWNED PREMISES ARE VALUED AT R$ 26.816.681,00

 

VEHICLES:

 

OWNED VEHICLES ARE VALUED AT R$ 2.016.213,00

 

MACHINES:

 

OWNED MACHINES AND EQUIPMENTS ARE VALUED AT R$ 31.843.232,00

 

 

INSURANCE

 

INSURANCE COMPANY:

NÃO INFORMADO

COVERAGE:

VEHICLES AND CORPORATE

VALUE:

R$ 110.130.000,00

 

 

BANKING REFERENCES

 

 

BRANCH/PHONE:

CITY:

BANCO DO BRASIL S/A

03402-9

CASCAVEL/PR

BANCO BRADESCO S/A

3536

CASCAVEL/PR

BANCO ITAU S/A

316

CASCAVEL/PR

HSBC BANK BRASIL S/A

66

CASCAVEL/PR

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK").

 

 

ACTIVITIES COMMENTS

 

THE SUBJECT IS ENGAGED IN THE MANUFACTURE OF CHEMICAL PHARMACEUTICAL PRODUCTS - MEDICINES.

 

IMPORT AND EXPORT:

 

   IMPORTS FROM:

INDIA, MEXICO, ISRAEL, SWITZERLAND, GERMANY, SPAIN, CHINA AND UNITED STATES.

 

   EXPORTS TO:

THE COMPANY DOES NOT EXPORT.

 

MAIN CLIENTS:

 

 

 

 

 

DOMESTIC CLIENTS:

CITY:

 

AMERICAN FARMA DIST. LTDA

SÃO PAULO/SP

 

ASSECAM DIST. HOSP. LTDA

SÃO PAULO/SP

 

BH FARMA COMÉRCIO LTDA

BELO HORIZONTE/MG

 

COM. CIRURGICA RIO CLARENCE

 

 

CONSORCIO PARANÁ SAÚDE

CURITIBA/PR

 

DEPARTAMENTO ADM. DA COORD. DA SAUDE SISTEMA PENITENCIÁRIO

SÃO PAULO/SP

 

DIST. DE MEDICAMENTOS BRASIL MIRACEMA

 

 

DROGA FONTE

RECIFE/PE

 

DROGARIA SÃO PAULO S/A

SÃO PAULO/SP

 

DROGASIL S/A

SÃO PAULO/SP

 

HEALTHENICA PROD. HOSPILARES LTDA

SÃO PAULO/SP

 

HIFON DISTR. LTDA

SÃO PAULO/SP

 

MEDISIL COM. FARMA. HOSP. LTDA

 

 

PREFEITURA MUNICIPAL DE SÃO PAULO

BAURU/SP

 

PRO-DIET FARMACEUTICA LTDA

CURITIBA/PR

 

REPRESS DIST. LTDA

SÃO PAULO/SP

 

TOTAMED COM. PROD. FARM. HOSP. LTDA

SÃO PAULO/SP

 

VINHEDO DIST

VINHEDO/SP

 

 

STAFF:

 

THE COMPANY HAS: 3355 EMPLOYEE(S)

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1993. SO FAR IT OPERATES WITH HIGH SCALE OF ACTIVITIES, A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR.

 

THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED.

 

THE PROTEST FOUND IS CONSIDERED IRRELEVANT.

 

MAIN SUPPLIERS:

 

 

 

 

 

DOMESTIC SUPPLIERS:

CITY:

PHONE:

AB FARMO QUIMICA

ABÁPILIS/GO

11 2161-0811

ALCOA ALUMINIO S/A

SÃO PAULO/SP

 

AVENTIS PHARMA S/A

 

 

BISFARMA INDUSTRIA DE EMBALAGENS LTDA

PEDREIRA/SP

 

CIA INDUSTRIAL DE VIDROS - CIV

VITÓRIA DE STO. ANTÃO/PE

81 3523-1997

LABORATÓRIOS PFIZER LTDA

GUARULHOS/SP

11 6464-7344

LOGISTICA GERAL LTDA

GUARULHOS/SP

 

M CASSAB INDUSTRIA E COMERCIO LTDA

SÃO PAULO/SP

11 5522-7788

RIPASA S/A

SÃO PAULO/SP

 

TOCAUTO CAMINHÕES LTDA

 

99 2101-3200

VALDEQUIMICA PRODUTOS QUIMICOS LTDA

 

11 3721-1077

VEDAT TAMPAS HERMELICAS LTDA

EMBÚ/SP

11 2133-1212

WILLETT LTDA

SÃO PAULO/SP

 

 

FOREIGN SUPPLIERS:

COUNTRY:

 

ALEMBIC LTDA

INDIA

 

COMWIN INTERNATIONAL LTD

SUIÇA

 

DABUR INDIA

INDIA

 

INLERLUDE COMPANY S/A

ESTADOS UNIDOS.

 

MOHS CATALANA S/A

SPAIN

 

SHIJIAHUANG PHARM

CHINA

 

SRWKA GMBH

ALEMANHA

 

ZHEJIANG

CHINA

 

 

PAYMENT HISTORY:

 

19 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT:  R$ 736.534,00

 

AMOUNT OF INVOICES PAID: 178

TOTAL OF PROMPT PAYMENTS: 98,5%

TOTAL OF DELAYED PAYMENTS: 1,5%

 

HIGHEST INVOICE: R$ 43.896,00

HIGHEST CREDIT: R$ 44.500,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 30 DAYS:

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

3

R$ 45.105,00

 

 

FINAL OPINION

 

THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR OVER 10 YEARS. UP TO DATE IT HAS A FAIR FINANCIAL STANDING, A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOR.

 

BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.91

UK Pound

1

Rs.84.44

Euro

1

Rs.71.31

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

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NB

New Business

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This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.